Belville, NC vs Oak Island, NC
Belville, NC and Oak Island, NC have a very similar cost of living, with only a 3.6% difference in their overall index. Belville scores 107 while Oak Island scores 103 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Belville is $1,738/month compared to $1,208/month in Oak Island — a 44% difference. Interestingly, home values tell a different story: while Oak Island has cheaper rent, Belville actually has lower median home values ($257,100 vs $407,400).
Median household income in Belville is $86,875 compared to $83,483 in Oak Island (+4.1%). While Belville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belville spend roughly 24% of their income on rent, more than the 17.4% in Oak Island.
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